ABOUT
The PCC is an independent quasi-judicial body mandated to implement the National Competition Policy and enforce Republic Act No. 10667 or the Philippine Competition Act (PCA), which serves as the primary law in the country for promoting and protecting market competition.
Before the COVID-19 pandemic, the country had made significant strides in economic growth. However, the challenge of attaining sustained and inclusive development, where no one is left behind, remains. The enactment of the PCA and the creation of the PCC aim to ensure fair market competition, a vital
element in the government’s overall objective of achieving inclusive development.
The PCC institutes a regulatory environment for market competition for two purposes:
(1) Protect consumer welfare by giving consumers access to a wider choice of goods and services at lower prices and better quality.
(2) Promote a competitive business environment by enforcing the rules of fair market competition, thereby encouraging market players to be more efficient and innovative.
VISION
The PCC aims to be a world-class authority in promoting fair market competition to help achieve a vibrant and inclusive economy and to advance consumer welfare.
MISSION
The PCC shall prohibit anticompetitive agreements, abuses of dominant position, and anticompetitive mergers and acquisitions. Sound market regulation will help foster business innovation, increase global competitiveness, and expand consumer choice to improve public welfare.
The PCC has original and primary jurisdiction over the enforcement and implementation of the PCA and its Implementing Rules and Regulations. Its mandate includes:
(1) Review of mergers and acquisitions
(2) Investigation and adjudication of antitrust cases
(3) Imposition of sanctions and penalties
(4) Conduct of economic and legal research on competition-related matters
(5) Issuance of advisory opinions
(6) Advocating pro-competition culture in government and business
Company Details
- Employees
- 176
- Founded
- -
- Address
- 25/f Vertis North Corporate Center 1, North Avenue,philippines
- Industry
- Law Enforcement
- NAICS
-
Police Protection
- Website
- phcc.gov.ph
- Keywords
- at lower prices and better quality..
- HQ
- Quezon City, Metro Manila
- Competitors
- Office of the Solicitor General of the Philippines, Department of Foreign Affairs, Asian Development Bank (ADB), DivinaLaw, Ayala Corporation, Department of Finance, Intellectual Property Office of the Philippines, Supreme Court of the Philippines, Department of Trade and Industry, Bangko Sentral ng Pilipinas.
Philippine Competition Commission Questions
Philippine Competition Commission's website is phcc.gov.ph
Philippine Competition Commission's LinkedIn profile is https://ph.linkedin.com/company/competitionph
Philippine Competition Commission has
176 employees.
View email and phone details for 176
employees at Philippine Competition Commission.
Philippine Competition Commission's industry is
Law Enforcement
Philippine Competition Commission's top competitors are
Office Of The Solicitor General Of The Philippines,
Department Of Foreign Affairs,
Asian Development Bank (Adb),
Divinalaw,
Ayala Corporation,
Department Of Finance,
Intellectual Property Office Of The Philippines,
Supreme Court Of The Philippines,
Department Of Trade And Industry,
Bangko Sentral Ng Pilipinas.
Philippine Competition Commission's categories are Law Enforcement
Philippine Competition Commission's founding year is 2016
